The governor of Indonesia's easternmost province of Papua is urging Freeport to immediately pay $376 million in taxes and penalties after a court ruled against the U.S. mining giant in a water use case. The Grasberg mine operated by Freeport is the world's largest gold mine by reserves and one of the biggest copper mines. Freeport Indonesia, a unit of Phoenix, Arizona-based Freeport-McMoRan Copper & Gold Inc., is expected to appeal to the Supreme Court. Enembe said the province was claiming taxes based on a 2011 local government decree. Freeport had argued it should pay a lower rate based on a decades old contract with Indonesia's government.

Source: ABC News January 27, 2017 09:20 UTC